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LICENSE AGREEMENT BETWEEN THE VERO BEACH ROTARY CHARITIES <br />FOUNDATION, INC. AND INDIAN RIVER COUNTY FOR USE OF THE VICTOR HART <br />SENIOR COMMUNITY ENHANCEMENT COMPLEX <br />This License Agreement (the "Agreement") dated this 20th day of August <br />2024, between The Vero Beach Rotary Charities Foundation, Inc., a Florida not-for-profit <br />corporation, whose address is 570 Beachland Boulevard, Vero Beach, Florida 32963 <br />("Vero Beach Rotary"), and Indian River County, a political subdivision of the State of <br />Florida, whose address is 1801 27th Street, Vero Beach, Florida 32960 ("County"), as of <br />the date set forth below as the effective date. <br />WHEREAS, County owns and operates the Victor Hart Senior Community <br />Enhancement Complex, which is home to the Gifford Aquatic Center and is located at <br />4715 43rd Avenue, Vero Beach, Florida 32967 (the "Complex"); and <br />WHEREAS, on December 2, 2023, Vero Beach Rotary held its First Annual Kids <br />Triathlon at the Complex as a public benefit to promote physical well-being and instill a <br />love for running, bicycling, and swimming to children in the community; and <br />WHEREAS, Vero Beach Rotary wishes to hold its Second Annual Kids Triathlon, <br />which has an expected participation of approximately 300 children, on December 7, 2024, <br />at the Complex; and <br />WHEREAS, Vero Beach Rotary wishes to reserve the Complex as a location for <br />future Kids Triathlons; and <br />WHEREAS, the parties desire to memorialize the Agreement for use of the <br />Complex for the mutual benefit of the parties. <br />Accordingly, the parties agree as follows: <br />1. Recitals. The recitals set forth above are true and correct and incorporated <br />by reference herein. <br />2. Subject Matter Performance. Subject to the provisions of this Agreement, <br />Vero Beach Rotary shall pay an annual licensing fee to County, and County shall reserve <br />the Complex for Vero Beach Rotary's annual Kids Triathlon. <br />3. Term. This Agreement's term begins following the full execution of this <br />Agreement and ends on December 31, 2026 (the "Term"), unless sooner terminated or <br />revoked. <br />4. Fee. The annual fee for reserving the Complex for the Kids Triathlon is <br />$318.75 per year. With respect to each year of the Term, Vero Beach Rotary shall pay <br />County thirty days prior to the date of the Kids Triathlon for that particular year. <br />1 <br />